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Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is the primary federal tax credit that benefits employers that hire workers with disabilities.
• Companies that hire employees that have received Social Security Income (SSI) within 60-days prior to being hired or, who are referred to the company by a vocational rehabilitation (VR) agency, may be eligible for WOTC.
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• The WOTC is administered by the U.S. Department of Labor’s Employment and Training Administration (ETA), and provides support to employers by reimbursing a percentage of worker’s wages for up to two years. The maximum amount of the reimbursement varies based on the background of the individual hired.
• For more information, visit www.doleta.gov/business/incentives/opptax.
